Whitetail Land & Cattle

Wade Carver · Republic County, KS · Owen Speck · client since 2025

100k bu at 82% priced · 1,065 head at 36% sold

$3.1M under management

Price to the planCosts are estimatesLast spoke in 43 days1 critical5 other findings(785) 555-1971

Position Plan Working Orders Sales Break-evens Livestock Recap

Every rung on every ladder clears this family's cost of production plus the desk's $0.10 cushion, and nothing has passed its sell-by date. The plan is doing its job.

Milo new crop · Dec 2026

Break-even $3.52 · cash bid $3.88 · 75% priced against a 72% pace

Ladder covers 72% of the cropGuarantee 32k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$3.66	+$0.14	15% 5,676 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$3.92	+$0.40	18% 6,811 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$4.08	+$0.56	17% 6,433 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit
4	$4.28	+$0.76	22% 8,325 bu	Filled	Nov 9, 2026 in 3 months Window Feb-May	Hit

Milo old crop · Sep 2026

Break-even $4.10 · cash bid $3.74 · 96% priced against a 95% pace

Ladder covers 55% of the crop

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$4.31	+$0.21	15% 5,823 bu	Filled	Aug 9, 2026 15 days ago Window Feb-May	Hit
2	$4.57	+$0.47	22% 8,541 bu	Filled	Oct 9, 2026 in 46 days Window Feb-May	Hit
3	$4.75	+$0.65	18% 6,988 bu	Filled	Dec 9, 2026 in 4 months Window Feb-May	Hit

Wheat new crop · Jul 2027

Break-even $5.30 · cash bid $5.76 · 70% priced against a 72% pace

Ladder covers 55% of the cropGuarantee 17k bu

Rung	Price	Over cost	Tranche	Away from the bid	Sell by	State
1	$5.59	+$0.29	15% 3,427 bu	Filled	May 9, 2026 4 months ago Window Feb-May	Hit
2	$5.90	+$0.60	21% 4,798 bu	Filled	Jul 9, 2026 46 days ago Window Feb-May	Hit
3	$6.19	+$0.89	19% 4,341 bu	Filled	Sep 9, 2026 in 16 days Window Feb-May	Hit

Rungs are sorted by price rather than by the order they were entered, because a scale-up ladder only reads as a ladder in price order. Distance is measured from the cash bid, which is the board plus the local basis, not from the board alone.

A rung that filled before its date is done rather than overdue. The desk's cushion over break-even is $0.10, because a break-even is itself an estimate and pricing exactly at one is pricing at the midpoint of an error bar. On this crop that means a rung has to clear $3.62 to count as clearing cost.